Re: go figure
in response to
by
posted on
Sep 17, 2010 07:48AM
New Discovery Resulting in a 20KM Mineralized Gold Belt
I do not expect it here to be honest. CMM took 2 months of planning to make this happen. The news flow was stopped in early August when those monthly reports stopped and the price was pushed down slowly over the following 45 days. In our case, we will release News before next Wednesday and the market will react to it and I would not want to be the one trying to control this wild horse. Then, we will be having meetings before the Cambridge conference and at the conference itself with possible financiers. I think Frank is very astute and will strike the right deal while the iron is hot.
Remember the PP NOT did at $2.75 after our big run up-that was a very opportunistic PP and I was proud of NOT for taking advantage of the spike in price. Canaco did the same thing. They had their first spike from 80 cents to $1.50 and did their PP at $1.40 and now their SP is near $4.00. We have the same potential here and that is why I am here, the potential is staggering. How the market decides to price us once word gets out of our potential is anyone's guess but I believe that Twillight's target of $1.20 by Christmas will come about 3 months early. Christmas in September...that sounds good to me. The caveat to this gift though is the assays, the communication about the nugget effect and the conceptual model. If GNH can deliver on all 3 fronts we will all be doing a little Jig.
Glorieux